When thinking about estate planning, you may not realize how much a financial advisor can be involved in the process. Many financial advisors will not take you on as a client if you do not have your estate planning
The Law Offices of Lauren E. Jackson
We are a law practice exclusively dedicated to property related legal services. We limit our practice to: residential & commercial real estate transactions, estate planning, personal wills, estate trusts, corporate entity formation, business succession plans, estate distribution, and probate. We stand behind our integrity to provide high quality, personable and affordable legal services. We offer two convenient locations for our clients located in downtown St. Charles & the City of Elgin.
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https://laurenjacksonlaw.com/
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Can you buy and sell a home in the same day?
Are you ready to buy a home? Are you ready to sell your current home? Do you think it is possible to do both transactions in one day? With some good planning and a little bit of luck on your…
A college incentive provision, when to use it
When clients are completing their estate plan and they have minor children one of the hardest questions to answer is what is the best way to leave assets? I would never advise clients to give large sums of money to…
Family Matters: Top three scenarios when real estate is left to multiple beneficiaries
If you are part of a group of beneficiaries (2, 3, etc.) and have inherited a parcel or parcels of real estate together, there are a variety of ways in which the real estate may be distributed.
First and foremost,…
Is a real estate short sale an option?
A real estate short sale is where you owe more money on your loan than what you can sell the home for. This is not an easy transaction in this current market, but it still is possible to get your…
Should I accept a Quit Claim Deed if I am buying a house?
When buying residential real estate, there are a lot of documents that you will sign and documents you will receive at the closing. One of those documents is the deed to the property. Even if you are buying with…
What is the first step of the probate process?
When a loved one dies it is a very stressful time for all family members involved. If the decedent completed their estate plan (including funding it) a lot of the work to transfer the assets upon death has been done. …
A guide to the probate process in Illinois
The probate process in Illinois is an unknown and confusing process for most individuals having to navigate it. Whether the deceased has a will or trust and the assets in the estate will determine the path we take on how…
Do you need to worry about your digital assets when you die?
As society becomes more digital, all our personal information and even some possessions are stored on the internet. Everyone seems to have email accounts, photos, social media accounts, and cloud storage just to name a few, but the list can…
How to fund your revocable trust?
If you have had your estate plan drafted recently and that plan included a revocable trust, your job is not quite over yet. One of the most important things must then do is fund your trust. If you do not…